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'T Kaffaat

Active
Private limited companyfounded 200620 years activeNaamsesteenweg 1, 3001 Leuven, BelgiumKBO/BCE: BE 0879.449.015
Summary

The computed 12-month bankruptcy probability of 'T Kaffaat is 2.0% (moderate). The annual accounts of 'T Kaffaat for fiscal year 2024 show a net loss of 68% of total assets. The 2024 annual accounts show equity of €37,644 and a net result of -€32,367. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 90% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€143,729turnover 2024
Equity
€37,644
Loss
-€32,367
Financial health
54 Fair Checked score 2024
Bankruptcy probability, 12 months
2.0%
Structure
Accounts 68 days overdue0 of 4 deeds read
Why 54- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late- Loss of €32,367 (FY 2024)+ Founded in 2006+ Liquidity: current ratio 4.69, cash €17,133, halvedShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 78.7% of total assets
Liquidity 88-12
short-term debt 21.3% · cash 35.8%
Profitability 0-100
return on assets -67.6%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +1.0 percentage point vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.8%▲ +0.1 percentage points vs 01-2026 03-2026: 1.7%▼ -0.1 percentage points vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▼ -0.1 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 2.0%▲ +0.4 percentage points vs 09-2026highest value
Credit up to €2,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 4.69 against 55.34 in 2023; short-term debt: 21.3% and cash: 35.8% of total assets), and 21.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 94% on solvency, 89% on liquidity, 8% on profitability and 16% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2006
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
raises risk · Loss of €32,367 (FY 2024)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.69, cash €17,133, halved
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
70 days late
2022
70 days late
2021
31 days early
2020
31 days early
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€32,367
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: From profit to loss in 2024after €44,320 in 2023 -€32,367 View
  • Caution: Among the weakest 8% on net resultsector median €5,296 · 18,950 companies -€32,367 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Turnover
€143,729
Loss
-€32,367
Solvency
78.7%
Go to Financials

Timeline

Events
15
Since
2016
  1. 31-12-2023Back to profit
  2. 31-12-2023Liquidity times 11
  3. 09-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
10-02-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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